Department of Non-Banking Supervision (DNBS) Current Affairs, GK & News

4-tier structure for Tighter Regulation of NBFCs

The Reserve Bank of India (RBI) has recently proposed for a four-tier structure for tighter regulatory framework of the Non-Banking Financial Companies (NBFCs). About Regulatory and Supervisory Framework The responsibility of regulation and supervision has been entrusted with the Department of Non-Banking Supervision (DNBS) of RBI under the regulatory – provisions of the Reserve Bank of India Act, 1934. ..

Month: Current Affairs - January, 2021

Category: Economy & Banking Current Affairs

Topics: 1956 • 4-tier structure for Tighter Regulation of NBFCs • Companies Act • Department of Non-Banking Supervision (DNBS) • Non-Banking Financial Companies (NBFCs) • Reserve Bank of India (RBI)